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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (4215)5/20/1999 5:03:00 PM
From: clochard  Read Replies (1) | Respond to of 5676
 
I noticed the new IPO called eToys now has a market value greater than Toys-r-us. I wonder if this market has any upside potential left because new IPO's soak up liquidity when things look stable, as they do this week. When a bubble gets as big as this one, there has to be a lot of incoming money to keep it getting bigger. But when it doesn't get bigger, a lot of people will see the risks and pull the plug, leading to a crash.

$900 million outflow this week
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